Reply To: Traders Market Weekly: US Elections, Rates and Inflation


China’s Foreign Ministry refuted yesterday’s reports about a Reopening Committee being formed. The Japanese government noted that JPY6.3 trln was spent on interventions in the currency market in October. A Chinese military vessel entered Japan’s territorial waters earlier today. Tensions are growing between North and South Korea after DPRK fired at least ten missiles. South Korea’s CPI increased at its fastest yr/yr pace since December 2008 in the October reading.
South Korea’s October CPI 0.3% m/m (expected 0.2%; last 0.3%); 5.7% yr/yr (expected 5.6%; last 5.6%)
Australia’s October AIG Manufacturing Index 49.6 (last 50.2). September Home Loans -9.3% m/m (last -2.7%). September Building Approvals -5.8% m/m (expected -7.0%; last 23.1%) and September Private House Approvals -7.8% m/m (last 4.8%)
New Zealand’s Q3 Employment Change 1.3% qtr/qtr (expected 0.5%; last 0.0%). Q3 Unemployment Rate 3.3% (expected 3.2%; last 3.3%) and Participation Rate 71.7% (expected 71.0%; last 70.9%). Q3 Labor Cost Index 1.1% qtr/qtr, as expected (last 1.3%); 3.8% yr/yr, as expected (last 3.4%)